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Citigroup wins arbitration case

Judge vacates $10.8 million compensation payment to investor

Citigroup got some good news recently, when a judge overturned an earlier ruling that awarded the sum of $10.8 million to an investor.

In July of 2013, a Financial Regulatory Authority arbitration panel ordered Citi to pay the sum to investor John Leopoldo Fiorilla as compensation for his investments in The Royal Bank of Scotland Group.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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